- Berkshire added $17 billion of Alphabet shares in Q2, bringing its holdings to about 106 million Class A and Class C shares worth roughly $36.6 billion.
- Greg Abel said Berkshire sees AI benefits across its portfolio and views Google as strongly positioned in the technology.
- Alphabet is one of five hyperscalers driving large AI infrastructure investments, with global hyperscaler capex estimated at about $1 trillion in 2026.
Quotes
“We have a lot of visibility from within our companies as to how we're using AI, what type of benefits it's delivering, so that brought incremental interest, and then we saw Google as a significant player”
“They hadn't set the size, but recommended that we consider 10 billion. And Warren and I discussed the size. We discussed the size of discount, and I'd recommended six-and-a-half percent discount, and we were comfortable with that”